Rethinking Democracy in Finance

Got a pension? Or a savings account? Arguably, its purpose is to align your interests with the interests of capitalism: when the market goes up, you benefit too.

All this means that the working class actually already owns lots of the assets around us, from companies to houses.

But how much control do we actually have?

Michael A. McCarthy is the author of The Master’s Tools: How Finance Wrecked Democracy (And a Radical Plan to Rebuild It).

He spoke to Eleanor Penny about how we take back control of what is already ours.